economy
News on the global economies
Nigerian Government to Generate N1.6tn from Telecom Tariff Hike – GSMA
The GSMA projected that increased digitalisation across sectors such as agriculture, manufacturing, transport, trade, and governance could boost Nigeria’s GDP by around two percentage points by 2028. This would also result in the creation of nearly two million jobs while
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JUST IN: Trump Moves To Revoke Student Visas Over Pro-Palestinian Protests
Trump Targets Pro-Palestinian Student Protesters with Visa Crackdown, Sparking Legal Battles and Free Speech Concerns
WASHINGTON – U.S. President Donald Trump has signed an executive order targeting pro-Palestinian protesters on college campuses, vowing to cancel student visas and deport non-citizen … Continue Reading
Nigeria’s E-Payment Transactions Hit Record N1.07 Quadrillion in 2024
Alongside the increase in transaction value, the volume of e-payment transactions also saw significant growth. NIBSS data shows that 11.2 billion transactions were processed in 2024, up from 9.7 billion in 2023—representing a 15.5% year-on-year increase.
Lagos, Nigeria – Electronic … Continue Reading
JUST IN: Trump Offers 2 Million Federal Workers 8 Months’ Pay To Quit—Critics Call It A “Fake Offer”
Trump Administration Offers 2 Million Federal Employees Eight Months’ Pay to Quit in Unprecedented Downsizing Effort—Unions and Lawmakers Push Back Amid Concerns Over Job Security and Government Functionality
In a bold and unprecedented move, the Trump administration announced on Tuesday … Continue Reading
Changing Work Pattern: 200 UK Companies Embrace Permanent Four-Day Workweek
Revolutionizing the Workweek: 200 UK Companies Adopt Permanent Four-Day Schedule to Boost Productivity and Enhance Employee Wellbeing
In a groundbreaking move, 200 UK companies have adopted a permanent four-day workweek for their employees—without cutting pay. This decision marks a significant … Continue Reading
![The New Sales Hub for Nigerian Entrepreneurs [HOW TO EARN BIG WITH TIKTOK LIVE]](https://reportafrique.com/wp-content/uploads/2025/01/images-28-1-380x280.jpeg "MUST READ: The New Sales Hub For Nigerian Entrepreneurs [HOW TO EARN BIG WITH TIKTOK LIVE]")
MUST READ: The New Sales Hub For Nigerian Entrepreneurs [HOW TO EARN BIG WITH TIKTOK LIVE]
TikTok Live has become the ultimate storefront for small businesses in Nigeria, creating new opportunities in social commerce … Continue Reading
BREAKING: Oshiomhole Exposes Prominent Nigerians Allegedly Behind Illegal Mining
Oshiomhole Exposes Retired Generals as Key Players in Illegal Mining, Urges Deployment of Military Task Force to End the Menace
Senator Adams Oshiomhole, Chairman of the Senate Committee on Interior, has alleged that retired military generals are the masterminds … Continue Reading
FG to Generate N450b in January 2025 Bond Auction
The DMO has designated Primary Dealer Market Makers (PDMMs) to facilitate the bond subscription process. These include leading banks such as Access Bank Plc, Zenith Bank Plc, Stanbic IBTC Bank Ltd, and United Bank for Africa Plc. Interested investors are
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JUST IN: CAC Set To Unveil AI-Driven Portal for 30-Minute Business Registration
CAC’s New AI-Powered Portal Set to Revolutionize Business Registration in Nigeria, Offering Faster, Transparent, and Investor-Friendly Processes for MSMEs Nationwide
In a game-changing move for Nigeria’s micro, small, and medium enterprises (MSMEs), the Corporate Affairs Commission (CAC) is set to … Continue Reading
Nigeria’s Public Debt Hits N142.3 Trillion in Q3 2024
The sharp increase in Nigeria’s public debt, coupled with the naira’s continued depreciation and growing reliance on domestic borrowing, has raised questions about Nigeria’s debt sustainability.
Abuja – Nigeria’s total public debt rose to N142.3 trillion as of September 30, … Continue Reading